HOUSTON, Dec 31 (Reuters) - U.S. imported the least amount of crude oil last week in nearly five years, data from the Energy Information Administration showed, as companies looked to dodge a hefty ...
Crude oil stocks, not including the SPR, stood at 424.8 million barrels on December 19, the EIA's latest weekly petroleum status report showed. Image by peshkov via iStock U.S. commercial crude oil ...
January WTI crude oil (CLF26) on Friday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0069 (+0.41%). Crude oil and gasoline prices settled higher on Friday. Crude prices are ...
The oil market is under pressure this year as OPEC+ members have rapidly ramped up production after years of output cuts. Investors are also pricing in lower geopolitical risk on a possible peace ...
Add Yahoo as a preferred source to see more of our stories on Google. US forces have seized a tanker allegedly transporting crude oil from Venezuela and Iran, according to Homeland Security Secretary ...
January WTI crude oil (CLF26) on Tuesday closed down -0.63 (-1.07%), and January RBOB gasoline (RBF26) closed down -0.0084 (-0.47%). Crude oil and gasoline prices added to Monday's losses on Tuesday, ...
US crude oil inventories for the week ended Nov. 28, excluding the Strategic Petroleum Reserve, increased by 600,000 bbl from the previous week, according to data from the US Energy Information ...
Imports rise 4.88% y/y in November, up 5.24% from October Daily import volumes reach highest level since August 2023 Imports from Saudi Arabia, Iran rise from October, Russian imports fall - Kpler ...
Crude oil is historically very undervalued versus gold, with the gold-to-oil ratio near modern record highs above 70x. Market sentiment may be overly bearish on oil, as commercial traders are nearly ...
1023 ET – Crude oil futures rise with support from geopolitics that look to threaten oil supply availability. Over the weekend, Ukraine launched attacks on Russia’s energy infrastructure, causing a ...
Crude oil futures on Wednesday bounced off one-month lows reached in the previous session, extending the recent tug of war between the possibility of a Russia-Ukraine peace deal that would open the ...